Howard Hanna Real Estate Services has purchased Realty One in a major consolidation of Ohio real estate firms. The new firm will be the 2nd largest real estate firm in Ohio.
Reports from Crain’s Business say that positions will not be cut with the combined companies and that duplicate offices will remain open.
The acquisition, which ranks Howard Hanna as the fourth largest real estate company in the nation, provides many benefits for consumers in the company’s Ohio, Pennsylvania, New York and West Virginia markets:
– A larger company-wide network of 152 office locations with 4,400 sales associates and 820 employees in mortgage services, closing and title insurance, land development, appraisal services and corporate relocation
– Availability of new mortgage money — $125 million per month — from Howard Hanna Mortgage Services via MarketWatch.